Dell Technologies ( (DELL) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Dell Technologies’ stock is on the rise as the company boosts its long-term financial targets, driven by substantial growth in its AI business. The company has increased its annual revenue growth target to 7-9% and its EPS growth target to 15% or more, highlighting strong demand for AI solutions. However, the stock faces mixed sentiment due to insider selling activities.
More about Dell Technologies
YTD Price Performance: 32.83%
Average Trading Volume: 6,208,045
Technical Sentiment Signal: Buy
Current Market Cap: $98.01B
For further insights into DELL stock on TipRanks’ Stock Analysis page.
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